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Kuwait Oil Drops to $63.68 Per Barrel

Kuwait city: Kuwait crude oil dropped US$1.05 during Tuesday’s trading to reach US$63.68 per barrel compared with US$64.73 per barrel the day before, Kuwait Petroleum Corporation said Wednesday.

According to Emirates News Agency, Brent futures also …

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Oil Use to Remain Subdued Through 2026, IEA Reports

Dubai: Global oil demand experienced a rebound in the third quarter of 2025, with growth increasing to 750,000 barrels per day (kb/d) year-on-year from the second quarter’s pace of 420 kb/d. This rise comes after a period of reduced consumption due to…

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